Abstract:Recently, the World Bank released “updated” global poverty estimates. These new numbers are based on a new price survey and a new benchmark international poverty line of $1.25 in 2005 purchasing power parities (PPPs). The new figures purport to describe world poverty since 1981, and thus affect our understanding of the world over the last quarter century of globalization. (...)

Keywords:Global Poverty, Estimates, Digging Deeper, Hole
Publication Date:
Type/Issue:One Pager/65
ISSN:2318-9118

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